Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements Of Operations

v3.26.3
Condensed Consolidated Statements Of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenues:        
Total revenues $ 13,551,708 $ 13,380,685 $ 43,553,855 $ 39,728,545
Cost of revenues:        
Total cost of revenues 2,403,568 2,661,234 7,603,473 8,405,967
Selling and marketing expenses 2,704,777 2,816,081 11,307,832 9,805,075
Depreciation and amortization 261,779 446,736 1,081,333 1,210,961
General and administrative expenses 6,851,612 7,295,719 21,492,814 21,955,915
Total selling, general and administrative expenses 9,818,168 10,558,536 33,881,979 32,971,951
Net loss on disposition or impairment 0 0 233,420 6,413
Income (loss) from continuing operations 1,329,972 160,915 1,834,983 (1,655,786)
Other income, net 136,417 139,801 503,090 485,640
Income (loss) before income tax expense 1,466,389 300,716 2,338,073 (1,170,146)
Income tax expense 10,069 10,346 30,289 35,140
Net income (loss) from continuing operations 1,456,320 290,370 2,307,784 (1,205,286)
Discontinued operations:        
(Loss) income from discontinued operations before income tax expense (1,593,877) 664,269 (313,375) 3,424,697
Income tax (benefit) expense from discontinued operations (20,197) 99,630 159,613 303,243
Net (loss) income from discontinued operations (1,573,680) 564,639 (472,988) 3,121,454
Net (loss) income $ (117,360) $ 855,009 $ 1,834,796 $ 1,916,168
Net income (loss) from continuing operations per common share:        
Basic (in dollars per share) $ 0.10 $ 0.02 $ 0.16 $ (0.08)
Diluted (in dollars per share) 0.10 0.02 0.16 (0.08)
Net (loss) income from discontinued operations per common share:        
Basic (in dollars per share) (0.11) 0.04 (0.03) 0.20
Diluted (in dollars per share) (0.11) 0.04 (0.03) 0.20
Net (loss) income per common share:        
Net (loss) income per basic share (in dollars per share) (0.01) 0.06 0.13 0.12
Net (loss) income per diluted share (in dollars per share) $ (0.01) $ 0.06 $ 0.13 $ 0.12
Basic weighted average shares (in shares) 14,030,130 15,344,844 14,151,503 15,281,775
Diluted weighted average shares (in shares) 14,032,055 15,398,594 14,154,157 15,348,944
Royalty fees        
Revenues:        
Total revenues $ 8,254,366 $ 8,106,915 $ 24,614,204 $ 24,311,022
Franchise and regional developer        
Revenues:        
Total revenues 893,882 964,796 2,789,537 2,561,415
Cost of revenues:        
Cost of revenues 1,980,494 2,232,419 6,320,591 7,134,267
Advertising fund revenue        
Revenues:        
Total revenues 2,391,339 2,344,833 9,754,259 6,985,030
Software fees        
Revenues:        
Total revenues 1,578,567 1,545,331 4,660,799 4,488,959
Cost of revenues:        
Cost of revenues 423,074 428,815 1,282,882 1,271,700
Other revenues        
Revenues:        
Total revenues $ 433,554 $ 418,810 $ 1,735,056 $ 1,382,119